TEMPLE UNIT A-423

Operated by SWIFT ENERGY COMPANY (P-5 833347) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160721District 06Field 12193500CondensateGasSaveExport
Value, all time
$1.4 M
Sep 1996 – Jan 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
41
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition52,308 bbl$1,155,677
GasProduction230,608 Mcf$227,913
Total$1,383,590

140,875 Mcf of this lease's gas, across 4 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (41)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

41 months

Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998309.201.77$28
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19984012.592.08$50
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998029414.702.15$634
Dec 19970316.322.41$7
Nov 19970018.193.09$0
Oct 1997122019.253.15$2,349
Sep 19970017.742.95$0
Aug 199705,02117.862.55$12,827
Jul 19975633,95017.582.25$18,773
Jun 19971,6998,35217.242.26$48,143
May 19971,85211,19418.972.31$60,974
Apr 19972,75711,30917.882.08$72,849
Mar 19971,7059,10018.951.94$49,956
Feb 19972,80517,78220.492.21$96,700
Jan 19973,73422,72823.483.54$168,125
Dec 19965,82629,42723.32$135,862
Nov 19968,53737,49221.97$187,558
Oct 199622,33072,08523.31$520,512
Sep 19963711,87122.22$8,244

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Dec 1998 — as filed, then multipliedworked
Condensate             3 bbl  × $  9.20 =        $28
Gas                    0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                      $28

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/160721 is the state's own key, not one this site invented.